Thermax Limited Associate Manager Salaries by 50+ Employees (Updated 2025)

14 - 22 years exp.

₹9.6 Lakhs - ₹25 Lakhs

Salary of majority employees

Fixed (92%)

₹15.7 Lakhs

Variable (8%)

₹1.3 Lakh

10% more than the average Associate Manager Salary in Industrial Machinery Companies for 14 - 22 years of experience

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Salaries in different departments

Engineering - Software & QA Associate Manager Salary 14 - 22 years exp. (12 salaries)	₹11.2 L/yr - ₹21.5 L/yr
Construction & Site Engineering Associate Manager Salary 15 - 21 years exp. (8 salaries)	₹12 L/yr - ₹20.5 L/yr
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Procurement & Supply Chain Associate Manager Salary 16 - 22 years exp. (5 salaries)	₹12.1 L/yr - ₹18.4 L/yr
Production, Manufacturing & Engineering Associate Manager Salary 18 - 21 years exp. (4 salaries)	₹12.2 L/yr - ₹25 L/yr
Project & Program Management Associate Manager Salary 15 - 20 years exp. (4 salaries)	₹18.9 L/yr - ₹24 L/yr

View all

Last Updated: 16 Mar 2025

Companies similar to Thermax Limited for Associate Manager

Company name	Avg Annual Salary	Open Jobs
John Deere Associate Manager Salary 5 - 15 years exp. (16 salaries)	₹15 L/yr - ₹22.9 L/yr 11% more
EMERSON PROCESS MANAGEMENT Associate Manager Salary 15 years exp. (5 salaries)	₹17.4 L/yr - ₹23.3 L/yr 13% more
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ABB Associate Manager Salary 2 - 15 years exp. (5 salaries)	₹12 L/yr - ₹19.5 L/yr 11% less
Atlas Copco Associate Manager Salary 11 - 14 years exp. (4 salaries)	₹22.1 L/yr - ₹26 L/yr 44% more
Trane Technologies Associate Manager Salary 10 - 14 years exp. (4 salaries)	₹11.7 L/yr - ₹17 L/yr 21% less
Danfoss Industries Associate Manager Salary 14 - 15 years exp. (3 salaries)	₹12.9 L/yr - ₹17 L/yr 16% less
Timken Associate Manager Salary 12 - 13 years exp. (3 salaries)	₹9.1 L/yr - ₹9.5 L/yr 45% less

Associate Manager salary at Thermax Limited ranges between ₹9.6 Lakhs to ₹25 Lakhs per year for employees with experience between 14 years to 22 years. Salary estimates are based on 53 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Associate Manager salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
14 years (7 salaries)	₹11 L/yr - ₹18.5 L/yr
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15+ years (46 salaries)	₹9.6 L/yr - ₹25 L/yr

Similar Designation salaries in Thermax Limited

Project Manager Salary

(137 salaries)

₹5.61 L/yr - ₹18.04 L/yr

Technical Manager Salary

(4 salaries)

₹6 L/yr - ₹12 L/yr

Project Lead Salary

(AmbitionBox Estimate)

₹32.1 L/yr - ₹41.1 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Senior Engineer Salary

(135 salaries)

₹3.3 L/yr - ₹12 L/yr

Lead Engineer Salary

(29 salaries)

₹5.7 L/yr - ₹13.78 L/yr

Team Lead Salary

(18 salaries)

₹6.8 L/yr - ₹20 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Top skills at Thermax Limited for Associate Manager

Feed Process Engineering

Salary related reviews for Thermax Limited

3.7

Rated by 9 employees for salary & benefits

Lead Engineer in Prayagraj / Allahabad

Full Time

Other Department

4.0

• posted on 19 Nov 2024

5.0

for Salary and Benefits

Likes

Salary timely

Salary - Excellent

+5 more

Dislikes

Sub contractors are doing blackmailing very frequently asking always extra mone& benefits. It's necessary to construct a strict contracts in which rates at bottom level should be minimum & rates of upper floor should be higher side.

Project Manager in Pune

Project Management Department

5.0

• posted on 04 Jun 2022

1.0

for Salary and Benefits

Likes

Good experience, learn a lot from people

Work-life balance - Good

Dislikes

HR are very poor and do not help at all, Worst management , no promotion at all, no hike very less than industry standards, poor technology used, very few self learning opportunities

Salary - Bad

+3 more

Senior Engineer in Ahmedabad

Project & Program Management Department

4.0

• posted on 12 Apr 2020

3.0

for Salary and Benefits

Likes

Thermax company is very good. If you are permanent employee. But Fix term employee has so many difficulty face in ground level.

Dislikes

The work pressure is very high and compensation is very slow. At work place we have to play somany rool . Like project execution, HR, safety and commercial also.

Job security - Poor

+2 more

Material Engineer in Pune

Full Time

Other Department

3.0

• posted on 18 Mar 2025

3.0

for Salary and Benefits

Likes

Timely salary, Skill development Learning

Skill development - Good

Dislikes

Politics Mangers level people are so dominate & orthodox. Never let you to figure you out before management since they have to protect themselves as they have no new skill, ideas only they know buttering & politics & don't let the new guy to retain in company for a long run.

Promotions - Poor

+2 more

Shift Incharge in Kharagpur

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Mar 2025

5.0

for Salary and Benefits

Likes

Safety culture is good, salary on time,

Salary - Excellent

+1 more

Dislikes

Company policy is good but site management feeling like owner of this company like shift Vechile using for personal working where suffering employee and specially on Bengal energy site on West Bengal, accommodation is so poor like they provided specially on Bengal energy,need to continue shift due man power shortage

Skill development - Poor

+2 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Thermax Limited Associate Manager Salary FAQs

What is the salary of Associate Manager at Thermax Limited ?

The average salary of a Associate Manager at Thermax Limited in India typically ranges from ₹9.6 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 14 years to 22 years).

The top 10% of Associate Manager at Thermax Limited earn more than ₹21.8 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Associate Manager Salaries at Thermax Limited can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 50+ Thermax Limited employees in India.

What is the estimated take home salary of a Associate Manager at Thermax Limited in India?

The estimated take-home salary of a Associate Manager at Thermax Limited in India typically ranges from ₹1,15,328 to ₹1,18,545 per month. This is based on the average salary range of ₹9.6 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 14 years to 22 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 50+ salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Manager at Thermax Limited ?

To be a Associate Manager at Thermax Limited in india, the key skills required include:

- Feed
- Process Engineering

These skills are highly valued at Thermax Limited and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Thermax Limited for Associate Manager in India?

Atlas Copco	₹22.1 Lakhs to ₹26.0 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹17.4 Lakhs to ₹23.3 Lakhs per year
John Deere	₹15.0 Lakhs to ₹22.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Thermax Limited, depending on the role and experience level.

What is the salary of a Associate Manager in companies similar to Thermax Limited in India?

The salary of a Associate Manager at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ABB	₹12.0 Lakhs to ₹19.5 Lakhs per year
Danfoss Industries	₹12.9 Lakhs to ₹17.0 Lakhs per year
Trane Technologies	₹11.7 Lakhs to ₹17.0 Lakhs per year
Timken	₹9.1 Lakhs to ₹9.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Associate Manager at Thermax Limited in India?

The salary growth for a Associate Manager at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Associate Manager can expect the following growth trajectory at Thermax Limited:

Experience	Average Salary Range
14 years	₹11.0 Lakhs to ₹18.5 Lakhs per year
15 years	₹9.6 Lakhs to ₹25.0 Lakhs per year

and so on.

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Thermax Limited Associate Manager Salaries

Thermax Limited Associate Manager salary in India ranges between ₹9.6 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 53 Thermax Limited latest salaries received from various employees of Thermax Limited.